Dublin, Ireland – March 7, 2016 Asavie, has been named as one of Ireland’s ‘Best Managed’ companies in the Deloitte Best Managed Companies Awards Programme. The company, which demonstrated superior business performance throughout 2015 was recognised at an awards gala dinner in Dublin on 4 March 2016.

The awards event in Dublin’s Convention Centre marked the eighth year of the Deloitte Best Managed Companies awards programme, in association with Barclays Bank Ireland. The awards were attended by over 800 people from the Irish business community. Frank Ryan, chair of the independent judging panel, was keynote speaker on the night.

The Deloitte Best Managed Companies Awards Programme, in association with Barclays Bank Ireland, recognises indigenous Irish companies across Ireland which are operating at the highest levels of business performance. The network of 115 Best Managed Companies now employs over 47,000 people around the country and has a combined turnover of almost €10bn. Recognising the importance of overseas markets for Irish companies, the Best Managed Companies also recorded an average growth in export sales of 161% over the last three years.

Commenting on the award, Ralph Shaw, CEO, of Asavie said: “Asavie are delighted to be recognised with the Deloitte Best Managed Company Award. Asavie has enjoyed substantial growth over the past number of years, with both headcount and revenue doubling over the last twelve months. This award honours all of our team who have contributed to the innovation and growth which has established Asavie as leading global player in the field of Internet of Things and Mobility.”

Sixteen companies from around Ireland were awarded Best Managed status for the first time this year, following a lengthy qualification and judging process in which the complete performance of a business is assessed, moving beyond finances to such areas as operational excellence, strategy, and human resource processes. Eleven platinum award winners – companies that have retained their Best Managed status for seven consecutive years – were also recognised on the night.

Managing Partner of Deloitte and judging panel member, Brendan Jennings commented: “Congratulations to all the 2016 winners. All the companies here tonight are at the end of a long process of evaluation, which makes their Best Managed designation even more rewarding and valuable as a marketing tool for their business. It is clear that these companies make an invaluable contribution to the Irish economy – employing 47,000 people and generating turnover of €10bn.”

Sasha Wiggins, CEO of Barclays Bank Ireland, added:  “Each of the companies being celebrated today have demonstrated their ability to apply best practice management across a wide range of business areas – something we have witnessed first-hand as the lead sponsor of the programme for the third year in a row. It has been a pleasure to mentor and support the management teams of these companies over the past few weeks and months and on behalf of everyone at Barclays, I would like to congratulate them on this wonderful achievement.”

The Deloitte Best Managed Companies Awards, in association with Barclays Bank Ireland, is open to companies from all 32 counties on the island of Ireland. It is the only awards programme that considers a business’ performance from every perspective.

For Further Information Please Contact

Anne Marie McCallion ReturnPR +353 86 834 9329

Hugh Carroll, Asavie, +353 1 676 3585 / +353 86 604 9270

About Asavie

Asavie makes connectivity simple. Our mobility management and Internet of Things solutions manage, scale and secure connectivity across diverse networks. The award winning, on-demand, Asavie PassBridge™ platform enables mobile operators, OEM vendors and managed service providers to rapidly launch, scale and secure end-user enterprise mobility and Internet of Things projects. Global market leaders including AT&T, Cradlepoint, Telenor, Telefonica O2 and Vodafone use Asavie to fast track their smart connected projects.

About Deloitte Best Managed Companies Awards

The Deloitte Best Managed Companies programme, in association with Barclays Bank Ireland, promotes and recognises excellence in Irish owned and managed companies. It is the only awards scheme on the island of Ireland that considers a business’ performance from every perspective. Entrants to the programme will compete for this designation in a rigorous and independent process that evaluates the calibre of their management abilities and practices.

Programme sponsors are Barclays Bank Ireland, the Irish Management Institute and the Sunday Business Post. For further information, visit www.deloittebestmanaged.ie. The Best Managed Companies Programme originated in Canada in 1993, where it has been run successfully ever since and is the country’s leading business awards programme. In addition to Ireland and Canada, the programme is also run in The Netherlands and Mexico.

About Barclays

Barclays is an international financial services provider engaged in personal, corporate and investment banking, credit cards and wealth management with an extensive presence in Europe, the Americas, Africa and Asia. Barclays’ purpose is to help people achieve their ambitions – in the right way.

With 325 years of history and expertise in banking, Barclays operates in over 50 countries and employs over 130,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.

Follow us on twitter at www.twitter.com/BarCorp_News

For further information about Barclays Corporate Banking, please visit our website www.barclayscorporate.com

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